Nikita Deynega has explained to Cbonds why private investors want to join NSD's lawsuit to lift sanctions
A group of holders of financial assets frozen by European securities depositories in connection with the inclusion of National Settlement Depository (NSD) on tje EU sanctions lists, working together with the assistance of Maxima Legal and foreign consultants, has submitted an application to the EU General Court on behalf of one of the investors to…
17.11.2022
Natalia Diatlova told Pravo.ru about the nuances of a foreign notary certifying the signature of the sole participant in a Russian business
Pravo.ru legal media prepared a brief guide to doing business in Russia from abroad. The media drew attention to the incomplete adaptation of legislation for remote business management, but highlighted a number of effective mechanisms, including issuing a power of attorney to a trusted person or transferring the business to trust management,…
16.11.2022
Natalia Diatlova talked about the legal specifics and risks of doing business in China at a seminar of the Leningrad Regional Chamber of Commerce and Industry
On November 8, the Leningrad Regional Chamber of Commerce and Industry (LRCCI) held a business seminar DOING BUSINESS WITH CHINA dedicated to the specifics of working with Chinese partners. The experts discussed the issues of trade and economic cooperation between China and Russia, topical problems of logistics, peculiarities of customs and tariff…
09.11.2022
Maxim Avrashkov has explained to Delovoy Peterburg the pricing of dispute resolution
The geopolitical situation, which has changed dramatically over the last six months, has affected all sectors of the economy. One of the key factors affecting the legal services market has been the withdrawal of foreign business from Russia. This has led to the almost complete disappearance of the high-cost sector, which was predominantly handled…
20.09.2022
Sergey Tarasevich has told EJ-Jurist Magazine about the special procedure for transactions with LLC shares between residents and persons from unfriendly countries
On September 8, the Decree of the President of the Russian Federation No 618 dated 08.09.2022 "On Special Procedure for Execution of Certain Transactions (Operations) between Certain Persons" entered into force, significantly extending the list of "anti-sanction" measures. Sergey Tarasevich, Associate of Tax & Administrative Law practice at…
15.09.2022
Elizaveta Pastushenko has told Bankiros how to open a bank account in Armenia
Armenia has become one of the popular countries for opening bank accounts since the imposition of sanctions against the Russian Federation. Among the advantages of the jurisdiction are its loyal attitude to both Russia and Western countries, the wide opportunities for opening ruble accounts, as well as the widespread use of the Russian language.…
06.09.2022
Natalia Demina analyzed for Finversia the situation with blocked Russian's assets in Europe
Natalia Demina, Partner, Head of Private Wealth practice at Maxima Legal, spoke on the problem of blocking of Russian private investors' securities by EuroClear and assessed the possible ways of rescuing these assets, especially for the financial portal Finversia. "There are a number of administrative and judicial options. In all options the…
29.08.2022
Natalia Demina has explained to Financial One how to legally deal with blocked assets
In an interview with the Financial One online magazine for financial markets, Natalia Demina, Partner and Head of Private Wealth practice at Maxima Legal, explained what legal measures could help Russian investors to unblock assets placed with the National Settlement Depository (NSD) that have been "frozen" by EuroClear. "From a legal point of…
24.08.2022
Nikita Deynega has told Finam.ru what Russian investors should do about blocked securities in Europe
Nikita Deynega, Head of Tax & Administrative Law practice at Maxima Legal, has analyzed the situation with the blocking of Russian investors' securities by EuroClear and has spoken about possible ways to solve the problem specially for Finam.ru financial portal. "This spring Russians were faced with the fact that transactions with their…
22.08.2022
Nikita Deynega told Secret Firmy whether it makes sense for Russian investors to sue over the blocking of foreign assets
At the end of February 2022, following the start of Russia's special operation in Ukraine, the EU Council adopted the first restrictive measures against assets of Russian investors located abroad. Among other things, the European depositories blocked about €4.5-7bn held in the accounts of the National Settlement Depository (NSD). In August 2022,…
15.08.2022